Raising Wedge on a daily chart, #banknifty is consolidating in the range of 21,000 to 23,000.
Any decisive closing below 21,000 may be suicidal for the market and we can easily see 1000 to 2000 point correction.
I have kept the chart, very simple for a layman to understand.
Note:- This is additional update to what I posted yesterday night.
Any decisive closing below 21,000 may be suicidal for the market and we can easily see 1000 to 2000 point correction.
I have kept the chart, very simple for a layman to understand.
Note:- This is additional update to what I posted yesterday night.
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